KONGSBERG signs deal with offshore intallation group

Kongsberg Oil & Gas Technologies (KOGT), a wholly-owned subsidiary of Kongsberg Gruppen ASA, has signed an agreement to supply a flexible risers and umbilicals installation system for the ‘Capstan Reel Installation System’ (CRIS), to the Offshore Installation Group (OIG). The patented CRIS design simplifies the subsea installation process, enabling a reduction in installation time and risk, which translates to significant cost savings. Full text

Statfjord Field to be part of the cultural heritage

2008.10.01 - Industry

A project has been launched to document for posterity the valuable technical and industrial cultural heritage represented by the field.

Drawings, photographs, films, publications, interviews and other archive material will be stored in digital databases.

All sources will be available on an internet portal when the cultural heritage project is completed in 2011.

The project team consists of representatives of the Regional State Archive, the National Library, the Norwegian Petroleum Museum, the Directorate for Cultural Heritage and StatoilHydro.

As operator, StatoilHydro has facilitated the cultural heritage project with the support of the other licence holders. The Statfjord licence is financing the project in the amount of NOK 7 million.

Picture://StatoilHydro

Follow SubseaDirectory on Facebook !

Follow SubseaDirectory on Twitter !

More Subsea Company Listing, Subsea Events and Subsea Jobs and Subsea Article on SubseaDirectory




See also:

Deepwater expenditure to reach nearly $25 billion annually by 2012

A new study published today by analysts Douglas-Westwood The World Deepwater Market Report 2008-2012 forecasts that nearly $25 billion will be spent annually in deepwater capital expenditure by 2012. Speaking at the Deep Offshore Technology International Conference 2007, Stavanger, today, John Westwood, Douglas-Westwood MD commented that “the deepwater oil & gas industry is set for continued growth through to 2012, with over 30% growth forecast for the 2008-2012 period when compared with the previous five years.

Taking a long view in the far north

The Arctic will become increasingly important, not least because of oil and gas, believes Norwegian foreign minister Johan Gahr Støre. But Norway will not be planting a flag at the North Pole.

BP Restructuring to Secure Long Term North Sea Future

BP is today announcing proposed plans for important changes to its North Sea organisation, headquartered in Aberdeen, designed to secure a long-term future for the company's oil and gas business in the UK.

GE Energy Completes Acquisition Of Sondex, A Global Oilfield Technology Company

GE Energy announced today it has completed the acquisition of Sondex plc to further expand its capability and expertise in oil & gas drilling and wireline technology.

ODIM STRATEGIC ACQUISITION FOR DEEPWATER BUSINESS

ODIM ASA has reached agreement today on acquiring ABAS Crane of Aukra and Aker Brattvaag Winch in Søvik for a total of NOK 80 million. These two companies deliver such products as special cranes, lifting systems and specialised electrical winches for ships and offshore installations